GSST Stock Summary and Trading Ideas (Goldman Sachs Access Ultra Short Bond ETF | BATS:GSST)

The Goldman Sachs Access Ultra Short Bond ETF (the Fund ) seeks to provide current income with preservation of capital. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in a broad range of U.S. dollar denominated bonds.

Goldman Sachs Access Ultra Short Bond ETF trades on the BATS stock market under the symbol GSST.

As of April 24, 2024, GSST stock price was flat at $50.26 with 354,999 million shares trading.

GSST has a beta of 0.02, meaning it tends to be less sensitive to market movements. GSST has a correlation of 0.13 to the broad based SPY ETF.

GSST has a market cap of $596.78 million. This is considered a Small Cap stock.

In the last 3 years, GSST stock traded as high as $50.96 and as low as $47.65.

GSST has underperformed the market in the last year with a return of +5.8%, while the SPY ETF gained +24.1%. In the last 3 month period, GSST fell short of the market, returning +1.3%, while SPY returned +4.5%. However, in the most recent 2 weeks GSST has outperformed the stock market by returning +0.2%, while SPY returned -1.7%.

GSST support price is $50.23 and resistance is $50.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GSST stock will trade within this expected range on the day.